Emurgo Africa to unveil Continents First State of Web 3.0 Technologies Report

A Comprehensive State of Web 3.0 in Africa Report, is set to be released on June 23, 2023.

The report highlights the rapidly-evolving landscape of Web 3.0 technologies in African countries, providing in-depth analysis of their impact, opportunities, and challenges and offering recommendations for fostering growth and measurable impact.

Web 3.0 technologies are experiencing exponential growth and expansion in Africa, with the potential to bring transformative change to various industries such as trade and industry, financial services and lending, supply chain management and logistics and healthcare provision and accessibility.

Factors such as regulatory clarity, infrastructure development, and collaboration between stakeholders will play a significant role in the widespread use and successful implementation of these technologies.

The report, sponsored by Emurgo Africa, will be launched at a media event in Nairobi, Kenya, with industry leaders, policymakers and press in attendance.

Key figures from prominent blockchain investors, developer and ecosystem players, including NODO, CVVC, GreenHouse Capital, PwC and Cardano, will deliver notable conversations and remarks at the event.

The Report aims to fill a knowledge gap by examining the potential of these technologies to advance social and economic development in Africa.

READ ALSO: InTouch, GTP in Deal to Bridge Gap Between Digital Payment Platforms

It presents a detailed view of the current landscape and future prospects of the technologies in the region, featuring real-world use cases, possibilities and obstacles connected with their adoption.

The Report explores various aspects of Web 3.0, such as decentralized finance (DeFi), blockchain technology, digital identity, smart contracts, and data privacy.

It also investigates the regulatory environment, infrastructure, and access to technology in the target nations, identifying areas for development that will facilitate the growth and adoption of Web 3.0 technologies.

Ahmed M. Amer, CEO of Emurgo Africa

Web 3.0 Technologies Report Key findings

The report include the immense opportunities for the African continent through the adoption of the technology.

It reveals a staggering 1,668% increase in investment in blockchain technology in Africa between 2021 and 2022, and the crucial importance of collaboration between industry stakeholders, policymakers, and regulators in fostering an environment conducive to the growth of this technologies on the platform.

“The future of Web 3.0 technologies in Africa is bright, with the potential to drive unprecedented social, financial and economic development across the continent. This report emphasizes the critical importance of collaboration between stakeholders, policymakers, and regulators in fully realizing the transformative power of Web 3.0 technologies in Africa,” Ahmed M. Amer, CEO of Emurgo Africa, said.

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Samsung introduces e-waste collection program

Wed Jun 7 , 2023
Share on Facebook Tweet it Share on Reddit Pin it Share it Email Samsung Electronics East Africa Ltd (Samsung) has partnered with leading home appliances store Housewife’s Paradise to collect e–waste for recycling as part of a joint effort on environmental conservation. The collection of e-waste will begin in Nairobi […]

You May Also Like

Chief Editor

Jacktone Lawi

Meet Jacktone Lawi, a seasoned technology journalist with years of experience in the industry. I have developed my passion for technology during my formative years, which has been instrumental in shaping my career trajectory. My expertise lies in reporting on emerging technologies and their impact on businesses and consumers worldwide. Through my experience I’m well-versed in covering topics such as artificial intelligence, blockchain, cybersecurity, cloud computing, and digital transformation, among others. Throughout my career, I have has demonstrated an exceptional ability to distill complex technical information into accessible and engaging content that resonates with my readers. My writing style is clear, concise, and informative, allowing me to communicate even the most technical concepts to a broad audience. Beyond my writing skills, I have also become known for extensive network of industry contacts and ability to secure exclusive interviews with high-profile figures in the technology world. These connections have enabled me to gain unique insights into the latest trends and developments in the field, giving me a competitive edge in my reporting. In addition to my work as a journalist, I’m also actively engaged in the broader technology community. Where I regularly attend conferences and events, share insights and stays up-to-date on the latest innovations in the industry. Overall, my wealth of experience as a technology journalist have given me a deep understanding of the industry and its impact on society.

Quick Links